European satellite company Eutelsat raised €1.35B, including €717M from France, to build out its fleet of satellites to rival Starlink; France's stake is ~30% (Bloomberg)

Bloomberg:
European satellite company Eutelsat raised €1.35B, including €717M from France, to build out its fleet of satellites to rival Starlink; France's stake is ~30%  —  Eutelsat Communications SA is raising €1.35 billion ($1.5 billion) from the French government and other investors …

from Techmeme https://ift.tt/nf9d3RB